File #: 202102080    Version: 1
Type: Ordinance Status: Passed Emergency
File created: 5/28/2021 In control: Cincinnati City Council
On agenda: 6/9/2021 Final action: 6/9/2021
ORD/RES# date: 6/9/2021 ORD/RES#: 0215-2021
Title: ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 6/3/2021, AUTHORIZING the establishment of new capital improvement program project account no. 980x162x211629, "Blair Lofts I Residential Development - TIF," for the purpose of providing resources for Phase I of the Blair Lofts residential development for the creation of affordable housing in the Avondale neighborhood; AUTHORIZING the transfer and appropriation of $300,000 from the unappropriated surplus of the Avondale Equivalent Fund 468 to the newly established capital improvement program project account no. 980x162x211629, "Blair Lofts I Residential Development - TIF," to provide resources for acquisition and development costs associated with Phase I of the Blair Lofts residential development in the Avondale neighborhood; and further DECLARING that expenditures from capital improvement program project account no. 980x162x211629, "Blair Lofts I Residential Development - TIF," will serve a public purpose becaus...
Sponsors: City Manager
Attachments: 1. Transmittal, 2. Ordinance, 3. 215-2021, 4. 215-2021 T

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ORDINANCE (EMERGENCY) submitted by Paula Boggs Muething, City Manager, on 6/3/2021, AUTHORIZING the establishment of new capital improvement program project account no. 980x162x211629, “Blair Lofts I Residential Development - TIF,” for the purpose of providing resources for Phase I of the Blair Lofts residential development for the creation of affordable housing in the Avondale neighborhood; AUTHORIZING the transfer and appropriation of $300,000 from the unappropriated surplus of the Avondale Equivalent Fund 468 to the newly established capital improvement program project account no. 980x162x211629, “Blair Lofts I Residential Development - TIF,” to provide resources for acquisition and development costs associated with Phase I of the Blair Lofts residential development in the Avondale neighborhood; and further DECLARING that expenditures from capital improvement program project account no. 980x162x211629, “Blair Lofts I Residential Development - TIF,” will serve a public purpose because the project will provide affordable housing to the Avondale neighborhood.

 

recommendation

 

PASS EMERGENCY